Taiwan's TSMC says working to overcome global chip shortage


TSMC foundry

TAIPEI: Taiwan's TSMC said on Friday it is actively supporting and working with all stakeholders to overcome a global semiconductor shortage, after its participation at a White House meeting on the issue.

"TSMC has been a strong partner in this effort, taking unprecedented actions to address this challenge," it said in a statement.

"We are confident that our capacity expansion plan including the advanced 5nm semiconductor fab in Phoenix, Arizona - one of the largest foreign direct investments in U.S. history - will enable us to support the industry in driving long-term stability in semiconductor supplies." - Reuters

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

SCIB says will miss month-end deadline to submit annual statement, shares risk suspension�
Big Oil is about to post highest cash flow in more than 13 years
Favelle Favco units bag contracts worth RM37.1mil
Globetronics posts lower Q3 earnings, appoints new COO
KLCI ends lower as investors wait on the sidelines
China stocks end lower as property firms drop on tax scheme plans
Dutch pension fund ABP to sell $17.5 bln of fossil fuel assets
InvestPenang, HSBC ink MoU to attract high-quality investment
Yinson partners GreenTech to speed up EV charging infra in Malaysia
CIMB wins 17 awards for treasury solutions across region

Others Also Read


Vouchers